BRICS e-commerce retail market is projected to have a considerable CAGR of around 13.5% during the forecast period. The e-commerce retail market in the BRICS region has been positively influenced by a variety of pivotal factors such as increasing smartphone and internet users, improving transport connectivity, and the availability of an inexpensive workforce. The increasing number of smartphone and internet users in the countries such as India, China, Brazil, and Russia created ample opportunities for the e-commerce retail market. Further, China, India, and the South African countries have the economic workforce and funding initiatives that have led to a rise in start-up businesses adopting e-commerce platforms. For instance, in February 2021, B2B sourcing and procurement platform GlobalFair has raised $2.0 million in a seed funding round led by Saama Capital and India Quotient. Moreover, the e-commerce retail market in China is propelling at a much faster rate than Japan and is expected to overtake Japan’s e-commerce retail market in the near future. South Korea’s annual average spent per online shopper was accounted for $1,364 and has an e-commerce sales share of 84% of GDP.
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This BRICS e-commerce Retail Market report briefly talks about the significance of every segment and growth aspects. It offers key statistics about major regions such as Europe, Asia Pacific, Middle East, Africa, North America and Latin America. This comprehensive BRICS e-commerce Retail Market report works as a potent tool to allow key players get the right direction and guidance for companies to survive in the competitive market. Some of the major sectors are discussed in this BRICS e-commerce Retail Market report such as manufacturing technology and industry applications. Competitors section, product type section and end-user section are the leading sections covered in this BRICS e-commerce Retail Market study report. Entire market is covered in this Market report along with leading sections. It also covers basic overview of the entire market to help new entrants in making business easy going and forward.
All the significant parameters are also captured in this BRICS e-commerce Retail Market research report. Key strategies are also captured here to help novel entrants to retain their position in the market. All the significant parameters are also discussed here along with market dynamics such as trends, challenges, opportunities and drivers. It also presents product specifications, company profile and 2022-2028 market shares for every company. Important information covered in this report enables key participants to know regarding the qualitative growth parameters of the global market. Quantifiable information covered in this BRICS e-commerce Retail Market report helps to analyze country level and regional level data integrating the supply and demand strengths which are augmenting the market growth. It then goes on to talk about COVID-19 epidemic and how it several affected a number of major business sectors around the globe.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
BRICS e-comerce Retail Market Report Segment
By End-User
- Business to Consumer (B2C)
- Business to Business (B2B)
- Customer to Customer (C2C)
By Products
- Electronics
- Fashion
- Healthcare
- Automobile
- Beauty and Personal Care
- Others
By Device Used
- Smartphone
- Tablets
- Personal Computer
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the BRICS e-commerce Retail market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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